What Company Owns Dodge?

Who owns Dodge?

Dodge began as a machine shop founded by brothers John and Horace Dodge in Detroit in 1901. The business grew to become the largest machine shop in Detroit and formed a partnership with Ford Motor Co. (F -1.39%) in 1903. But just over a decade later, the Dodge brothers parted ways with Ford and decided to build their own vehicle.

The first Dodge vehicles were introduced in 1914. By 1919, Dodge was producing more than 100,000 vehicles per year. In 1928, the Chrysler Corp. acquired Dodge.

In the aftermath of the global financial crisis, Italian automaker Fiat acquired a major stake in Chrysler that it gradually increased over several years. In 2014, Fiat completed the acquisition and formed Fiat Chrysler Automobiles (FCA). FCA later merged with Peugeot Invest and formed a new entity called Stellantis in 2021.

Today, Stellantis owns multiple major auto brands, including Dodge, Jeep, Chrysler, Ram, Fiat, Opel, Maserati, Citroen, and Peugeot. The company trades on the New York Stock Exchange and is a top automotive stock. It recently began selling electric vehicles in the U.S. after selling EVs in European markets for several years.

Who are the largest shareholders?

Stellantis is the sole owner of Dodge and the other brands in its portfolio. As of February 2024, the largest shareholders were:

• Exor N.V., a Netherlands-based holding company, owns almost 450,000 shares of Stellantis, or a 14.2% stake. The company's other holdings include stakes in Ferrari, Philips, Christian Louboutin, and The Economist magazine.
• Peugeot Invest, a French investment company, owns about 224,000 shares, representing a stake of roughly 7%.
• Bpifrance, a French investment bank, owns more than 192,000 shares of Dodge's parent company, Stellantis, which amounts to a stake of about 6%.
• BlackRock (BLK -0.02%), the American multinational global asset management company, owns almost 112,000 shares of Stellantis, a stake of about 3.5%.

How to invest in Dodge

If you buy stock in Stellantis, you'll become an investor not only in Dodge but in other American brands such as Jeep, Chrysler, and Ram as well as European automakers such as Fiat and Maserati. Since Stellantis is publicly traded, you can easily buy shares if you follow these steps:

1. Open a brokerage account. Opening a brokerage account online takes just a few minutes through most major financial institutions. You'll need to provide a few pieces of information, like your name, email, address, date of birth, and Social Security number. Once you open the account, you'll need to transfer money to start trading.

2. Set a budget. Next, determine how much you want to invest. But Stellantis (or any other individual stock) shouldn't be your only investment. You need to spread out your risk by investing across many different companies. The Motley Fool recommends building a portfolio of at least 25 stocks. If you don't want to handpick 25 stocks, an exchange-traded fund (ETF) is a good shortcut since you typically get exposure to hundreds of stocks with a single investment.

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